Indianapolis, IN, Sept. 8, 2006 — Wabash Valley Power Association (WVPA) has expanded its portfolio of renewable power sources through an 11-year agreement to purchase wind-generated electricity from AgriWind LLC.
“We’ve signed an agreement to purchase the output of four wind turbines that will be located near Bloomington, Illinois,” announced WVPA CEO Rick Coons. “Each of those turbines is expected to generate approximately 2.1 megawatts of electricity, so we’ll add 8.4 megawatts to our power supply at prices that are very competitive.”
Construction on the turbines is underway, and they are expected to become operational during the fourth quarter of 2006 or first-quarter 2007. “The agreement carries minimal risk for Wabash Valley,” Coons added. “It requires no upfront capital investment on our part, and we pay only when electricity is generated.”
Wabash Valley already has experience in the use of renewable sources of electricity, including ownership of several landfill gas plants and another plant that converts waste materials from petroleum refining into clean electricity.
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